Business

Fire at an Ohio farm complex kills about 6,000 hogs and smoke is visible for miles

Thursday, February 26 by SRN News

LONDON, Ohio (AP) - A fire at an Ohio hog farm complex has killed about 6,000 of the animals, an official said. A large column of smoke could be seen in the distance on Wednesday from Fine Oak Farms in London, Chief Brian Bennington of... Read More.

US filings for jobless aid rise modestly to 212,000 as layoffs remain at historically healthy levels

Thursday, February 26 by SRN News

WASHINGTON (AP) - Slightly more Americans applied for unemployment benefits last week as layoffs remain at relatively healthy levels. The number of Americans filing for jobless aid for the week ending Feb. 21 rose by 4,000 to 212,000 from the previous week, the Labor Department... Read More.

World Economic Forum head Børge Brende steps down following pressure over Epstein links

Thursday, February 26 by SRN News

GENEVA (AP) - World Economic Forum head Børge Brende said Thursday that he is stepping down after facing pressure over his contacts with the late sex offender Jeffrey Epstein. Brende, a former Norwegian foreign minister, said in a statement that he had decided "after careful... Read More.

Nearly 90% of North American, European firms hedge FX exposure as uncertainty rises, survey says

Thursday, February 26 by SRN News

(Corrects name of company to MillTech from MillTechFX in paragraphs 1 and 6) By Sophie Kiderlin LONDON, Feb 26 (Reuters) - Nearly 90% of medium-sized North American and European companies are now hedging their currency exposure and about two out of three plan to keep... Read More.

Exclusive-Ivory Coast to cut farmer cocoa price with earlier start of mid-crop, sources say

Thursday, February 26 by SRN News

By Ange Aboa ABIDJAN, Feb 26 (Reuters) - Ivory Coast plans to bring forward the start of its cocoa mid-crop season for the first time ever, allowing the regulator to sharply reduce its set price paid to farmers in hopes of boosting sales, two government... Read More.

ECB sells some dollar assets, cuts weight of dollar in reserves

Thursday, February 26 by SRN News

FRANKFURT, Feb 26 (Reuters) - The European Central Bank sold some of its dollar assets early last year and reduced the weight of the dollar in its foreign exchange reserves in what it said was a standard rebalancing of its portfolio. The bank played down... Read More.

Mexico’s Cemex to buy US stucco maker Omega in US building materials push

Thursday, February 26 by SRN News

MEXICO CITY, Feb 26 (Reuters) - Mexico's Cemex will buy U.S. stucco manufacturer Omega Products International, the cement maker said on Thursday, as part of its push toward offering additional building materials in one of its largest markets. Omega, a privately held firm with four... Read More.

US software stocks to keep rebounding, says Goldman Sachs prime brokerage note

Thursday, February 26 by SRN News

By Nell Mackenzie LONDON, Feb 26 (Reuters) - Goldman Sachs prime brokerage said in a note that the recent bounce in software and IT services stocks may continue, even though this week, hedge funds were as short as they have ever been on the sector.... Read More.

Norway’s wealth fund using AI to screen for ESG risks

Thursday, February 26 by SRN News

OSLO, Feb 26 (Reuters) - Norway's $2.2 trillion sovereign wealth fund, the world's largest, is using AI to screen companies for risks such as potential links to forced labour and corruption, and help avoid financial losses as a result, it said on Thursday. One of... Read More.

IMF says it is releasing $2.3 billion to Egypt after reforms help to stabilize the economy

Thursday, February 26 by SRN News

CAIRO (AP) - The International Monetary Fund says it allowing Egypt to draw on about $2.3 billion from an earlier approved loan, noting that the country has made progress in restoring economic stability and reducing inflation as part of a reform program. The IMF said... Read More.

Current Weather

Fire at an Ohio farm complex kills about 6,000 hogs and smoke is visible for miles

US filings for jobless aid rise modestly to 212,000 as layoffs remain at historically healthy levels

World Economic Forum head Børge Brende steps down following pressure over Epstein links

Nearly 90% of North American, European firms hedge FX exposure as uncertainty rises, survey says

Exclusive-Ivory Coast to cut farmer cocoa price with earlier start of mid-crop, sources say

ECB sells some dollar assets, cuts weight of dollar in reserves

Mexico’s Cemex to buy US stucco maker Omega in US building materials push

US software stocks to keep rebounding, says Goldman Sachs prime brokerage note

Norway’s wealth fund using AI to screen for ESG risks

IMF says it is releasing $2.3 billion to Egypt after reforms help to stabilize the economy

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